Market Synopsis:
Organic rheology modifiers are chemicals used
to regulate the flow activities of paints. They are based on organic compounds
such as polyacrylates, polyurethanes, cellulosic, and others. Organic rheology
modifiers are useful in various applications such as adhesives, sealants,
binders, and others, which in turn are used in paints & coatings, personal
care, pharmaceuticals, oil & gas, construction, and others. These modifiers
are added to paints, to enhance their various properties such as emulsion
stability, anti-sagging, and leveling. Also, these modifiers are primarily used
to maintain consistency, and to increase the durability of paint, particularly
water-based paints. Rheology modifiers, commonly referred to as thickeners or
viscosities, are present in most products. The Global Organic Rheology
Modifiers Market is expected to witness a significant growth with CAGR of ~3.9%
between 2016 and 2023.
The shifting preference for organic personal
care products is likely to boost the demand of organic rheology modifiers in
the forecast period. On the basis of region, organic rheological modifiers
market segmentation includes the current and estimated demand for Europe, Latin
America, North America, Asia Pacific, and Middle East & Africa. This
segmentation includes demand for separate industries in all the regions, for
instance, Asia Pacific has the biggest market for organic rheological modifiers
due to high utilization in paint & coatings and oil & gas industry,
especially in China, India, and Japan.
Regional Analysis:
Geographically, Asia Pacific accounts for the
largest market share for organic rheological modifiers market growth. The
growing end user industries such as oil & gas as well as paint &
coating, is anticipated to drive the rheological modifiers market in this
region. Following APAC, Europe is the second largest market for organic
rheological modifiers and is one of the profitable markets in terms of value
and volume. UK drove the European rheological modifiers market, recording the
highest demand for rheological modifiers in 2016. North America accounted for
the third largest share in the global rheological modifiers market in 2016.
U.S., Canada, and United Mexican States led the demand for organic rheological
modifiers in this region. On the other hand, Latin America, Middle East &
Africa is another attractive market for organic rheological modifiers and
likely to show better growth over the forecast period.
Market Segmentation:
The Global Organic Rheological Modifiers Market is segmented on the basis of type,
application, end users, and region. Based on the type, the market is bifurcated
into cellulosic, and synthetic. Based on application, market is segmented into
adhesives, sealants, binders, and others. On the other hand, based on the end
user, the market is segmented into paints & coatings, personal care,
pharmaceuticals, oil & gas, construction, and others. Based on region, this
market is segmented into North America, Europe, APAC, Latin America, and Middle
East & Africa.
Global Key Players:
·
BASF
SE
·
Evonik
Industries AG
·
AkzoNobel
N.V.
·
The
Lubrizol Corporation
·
Elementis
plc
·
Arkema
Group
·
Clariant
·
Ashland
·
Croda
International Plc
·
Dow
Corning Corporation
Geographical Analysis:
The report covers brief analysis of
geographical regions such as North America, Europe, APAC, and Latin America,
Middle East & Africa.
Intended Audience:
- Organic
rheology modifiers manufacturers
- Traders
and distributors of organic rheology modifiers
- Production
process industries
- Potential
investors
- Raw
material suppliers
- Nationalized
laboratory
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